Loan Comparison: 5.52% vs 6.5%
11656 Farnese, Peyton, CO 80831 ยท 4bd/3ba ยท $412,000
List Price
$412,000
Assumable Rate
5.52%
Remaining Balance
$444,190
Equity Gap
$-32,190
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($-32,190) is less than 5% of the purchase price ($20,600). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-32,190
Effective Rate
5.52%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,474/moAssumable @ 5.52%
$2,528/moYour Savings on This Property
11656 Farnese, Peyton ยท 5.52% FHA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$33,449
interest saved
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